Milner, Chris; Morrissey, Oliver; Zgovu, Evious - 2009
The direct effects of EPAs on ACP countries arise from the requirement to eliminate tariffs on most imports from the EU …, implying adjustment costs. This paper estimates the consumer welfare and revenue impact for a sample of 34 ACP countries of … revenue concerns, but addressing adjustment costs (especially employment) will be much more difficult. ACP countries can …